Q1 2023 Trading Update

22 November 2022

Softcat plc

Q1 2023 Trading Update

Softcat plc ("Softcat", or the "Company"), a leading UK provider of IT infrastructure technology and services, today publishes its trading update for the first quarter ended 31 October 2022 ("the Period").

The Company performed well during the Period with demand remaining strong and customer behaviour across all segments unchanged from the trends seen in the prior year.  The Board is pleased with the progress to date which is in line with our expectations and the outlook set at the full year results.

Graeme Watt, Chief Executive Officer, commented:

"The team has again delivered strong results during the first three months of the new financial year across all customer segments and areas of technology.  While the wider economic environment remains uncertain, we continue to see robust demand which highlights the critical role that IT infrastructure plays in modern organisations, whether public or private.  The effort and attitude of our people continues to set us apart and I'd like to thank them, our customers, and our partners for their ongoing support."

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